301 College StDickson, TN 37055

  • Office properties
  • 2,080 SF
For Sale
$650,000 View listing

Property Details for 301 College St

Year built
1960
Lot size
0.13 AC
Property size (Sq ft)
2,080 SF
Property type
Office properties
Property subtype
Other office properties
APN
110D B 00100
APU
110DB00100

Description

This stunning 3,360 square foot Queen Anne Victorian home, located at 301 W College St in Dickson, TN, presents a unique investment opportunity. Built in the late 1800s, this property boasts a rich history as the former Miss Mabel's Tea Room, a Dickson landmark for over a century. Recently, renovations commenced to adapt the building for commercial use, including the installation of new double-hung energy-efficient windows and brand new HVAC systems. These updates complement the property's preserved Victorian charm, including original oak sash trim windows, oak floorboards, a sweeping staircase with refinished woodwork, an ornate gas fireplace mantel, transom windows with stained glass in the foyer, and beautiful ceiling medallions. A fully updated custom kitchen is also a key feature. The property sits on a 0.33-acre lot and is zoned B-1 Commercial, offering flexible transitional zoning that permits both single-family residential and commercial office uses. While the recent improvements were geared towards commercial use, the conversion back to residential would be straightforward. Priced at $650,000, this property offers a rare blend of historical significance, modern updates, and versatile zoning, making it an exceptional opportunity for a discerning buyer.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $359,324
    6.5%
    $331,684
    7%
    $307,992
  • Comparable approach

    Method
    Valuation
    Relative Method
    $179,046
    Geo Method
    $179,046
  • Alternative Use

    Use
    Valuation
    Residential
    $411,288
    Hospitality
    $376,738
    Educational
    $313,441
    Medical
    $324,221
    Retail
    $487,575
301 College St, Dickson, Tennessee

Location Insight

City
Dickson
County
Dickson
State
Tennessee
Latitude
36.0749
Longitude
-87.3853
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,093
$58,280
$40,760
$99,040
-
$145,700
$101,900
$247,600

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